Carrefour CEO Warns of Hundreds of Millions in Damages After France Pr
20 Articles
20 Articles
This Saturday's protests have impacted 1,500 businesses in France, according to Alexandre Bompard, president of the Fédération française du commerce et de la distribution. The damage, estimated at several hundred...
Only Sunday morning in Paris revealed the extent of the protests that swept through much of France on Saturday. Protests over rising prices turned into looting of shops, smashing of windows and arson overnight. According to some estimates, around 1,500 shops and stores were damaged and looted in the protests, and the damage could amount to hundreds of millions of euros. French President Emmanuel Macron will address the citizens in the evening.
Hundreds of thousands of people marched across France on Saturday. According to the Interior Ministry, nearly 1,800 people have been detained so far.
Alexandre Bompard, who is also the CEO of Carrefour, also announced that some 50 stores of his brand had been affected.
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